Murphy Middleton Hinkle & Parker Inc. Raises Stock Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Murphy Middleton Hinkle & Parker Inc. boosted its holdings in First Trust Senior Loan ETF (NASDAQ:FTSL) by 0.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 45,631 shares of the company’s stock after purchasing an additional 234 shares during the period. First Trust Senior Loan ETF comprises 1.3% of Murphy Middleton Hinkle & Parker Inc.’s portfolio, making the stock its 24th largest position. Murphy Middleton Hinkle & Parker Inc. owned 0.09% of First Trust Senior Loan ETF worth $2,067,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FTSL. Level Four Advisory Services LLC lifted its holdings in First Trust Senior Loan ETF by 15.0% during the 1st quarter. Level Four Advisory Services LLC now owns 20,690 shares of the company’s stock worth $936,000 after buying an additional 2,700 shares during the last quarter. BKA Wealth Consulting Inc. bought a new position in First Trust Senior Loan ETF during the 1st quarter worth approximately $1,528,000. Fortis Group Advisors LLC bought a new position in First Trust Senior Loan ETF during the 1st quarter worth approximately $496,000. Raleigh Capital Management Inc. lifted its holdings in First Trust Senior Loan ETF by 143.2% during the 1st quarter. Raleigh Capital Management Inc. now owns 1,007 shares of the company’s stock worth $46,000 after buying an additional 593 shares during the last quarter. Finally, Arete Wealth Advisors LLC bought a new position in First Trust Senior Loan ETF during the 1st quarter worth approximately $2,265,000.

First Trust Senior Loan ETF Trading Down 0.0 %

NASDAQ:FTSL traded down $0.01 during trading hours on Thursday, reaching $46.00. 28,151 shares of the stock were exchanged, compared to its average volume of 382,422. The firm has a 50 day simple moving average of $45.59 and a 200-day simple moving average of $45.30. First Trust Senior Loan ETF has a 52 week low of $43.92 and a 52 week high of $46.09.

First Trust Senior Loan ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 31st. Shareholders of record on Wednesday, August 23rd were issued a dividend of $0.305 per share. This represents a $3.66 dividend on an annualized basis and a yield of 7.96%. The ex-dividend date of this dividend was Tuesday, August 22nd.

First Trust Senior Loan ETF Profile

The First Trust Senior Loan Fund (FTSL) is an exchange-traded fund that is based on the S&P\u002FLSTA U.S. Leveraged Loan 100 index. The fund holds senior floating rate bank loans from firms around the globe. The actively managed fund can hold up to 20% of assets in non-senior loans, including high-yield bonds and equities.